With development projects being undertaken over a number of years, construction is an industry where accurate forecasting and complete insight into costs is absolutely essential to ensuring long-term profits. McCarthy & Stone has developed a model that encompasses the lifecycle of all of its developments across the entire company to create a strategic five-year forecast for the business.
Cash is king, and understanding pinch points and excess cash balances is fundamental to the construction business. Adaptive Planning has given us a model we can roll out across all of our departments.
A multitude of underlying costs to identify for each development
Financial data spread across multiple departments in different locations
Inability to create a strategic long-term plan for the entire company
One model to roll out across all departments to create strategic five-year forecast
Financial collaboration with regional teams
Platform to showcase financials and drive commercial discussions